How Hackers Are Hitting Healthcare via Their Supply Chain

Share
Cyberattacks on healthcare’s supply chain cause severe disruptions to patient care
Cyberattacks in healthcare rise, with supply chain breaches most damaging, affecting patient care and increasing mortality rates.

Healthcare organisations are increasingly under siege by cyber threats, with attacks on supply chains causing the greatest havoc on patient care.

A startling report from Proofpoint and Ponemon Institute unveils that a whopping 92% of US healthcare bodies have been hit by cyberattacks within the last year, pinpointing supply chain intrusions as extremely detrimental.

These intrusions, caused by hackers targeting third-party vendors, significantly interrupt the provisioning of key services and supplies, leading to extensive disruptions throughout the healthcare landscape.

An alarming 82% of those who suffered from these attacks reported severe interferences to patient services, marking an increase from 77% in the preceding year.

The fallout from these disruptions includes postponed surgeries, unattended medical examinations, and, often, deterioration in patient outcomes.

Dire Consequences for Patient Wellness

The impact of supply chain attacks is acutely borne by patients, where delays can swiftly swing from recoverable to critical.

In grim instances, such attacks have direct correlations with patient fatalities. About 28% of impacted healthcare entities noticed a hike in patient deaths, a terrifying increase of 5% over the prior year.

This dire statistic underscores the critical necessity for healthcare entities to fortify their defences, focusing keenly on safeguarding their supply chains.

Additionally, attacks through cloud breaches, ransomware, and business email compromises (BEC) are rampant but do not wield the same dire consequences on patient care as supply chain attacks do.

Compromises on the supplier's side can leave medical facilities scrambling, devoid of crucial products or services essential for timely healthcare delivery.

“It is more important than ever for healthcare organisations to be aware of the threat to their security. Being prepared for a healthcare breach – by becoming HIPAA compliant and implementing robust cybersecurity practices – can mean all the difference in how your organisation copes with the aftermath of an incident."

Marc Haskelson, the President and CEO of Compliancy Group
Marc Haskelson, President and CEO, Compliancy Group

Hope for health

While supply chain threats loom large, the narrative around ransomware attacks in healthcare shows a glimmer of hope.

Previously deemed among the gravest cyber threats, the vulnerability to ransomware in healthcare has seen a modest decline. Now, 54% admit to feeling at risk, a decrement from 64% in the previous year.

This downturn might be accredited to hackers steering clear of healthcare and other critical infrastructures to avert drawing law enforcement’s attention, potentially dismantling their operations.

Youtube Placeholder

Yet, for those still ensnared by ransomware, the financial toll has surged, with the average ransom exceeding US$1m by 10%.

Despite making strides in ransomware defence, healthcare institutions remain embroiled in a tougher battle against supply chain vulnerabilities, awaiting stronger cybersecurity measures from their partners to truly secure patient well-being.

******

Make sure you check out the latest edition of Cyber Magazine and also sign up to our global conference series - Tech & AI LIVE 2024

******

Cyber Magazine is a BizClik brand

Share

Featured Articles

Resilience: Firms Fail to Grasp Cyber Financial Impact

Resilience and YouGov survey reveals 74% of mid to large UK businesses face cybercrime, while ransomware understanding lags behind data breach concerns

SonicWall and CrowdStrike Unite for SMB Security Service

SonicWall partners with endpoint protection specialist CrowdStrike to offer managed detection and response capabilities through managed service providers

FS-ISAC CISO Talks Cyber Strategies for Financial Providers

FS-ISAC CISO JD Denning explains the cyber strategies financial providers need to adopt in order to stay afloat in the wave of cyber attacks

Darktrace Reports 692% Surge in Black Friday Cyber Scams

Cyber Security

KnowBe4 Launches AI Agents to Counter Phishing Threats

Technology & AI

Gen Reports 614% Rise in Command Prompt Manipulation Scams

Cyber Security